Monday, November 11, 2019

Tanzania-China Dispute over Bagamoyo Port Project

The East African published on 4 November 2019 an article titled "Chinese Firm Dismisses Dar Claims on Stalled $10b Port as Not True."

China Merchants Holdings International (CMHI) is disputing recent accounts by the Tanzania Ports Authority concerning the terms for building the $10 billion port and special economic zone in Bagamoyo, 75 kilometers north of Dar es Salaam. This project has been interrupted on several occasions in recent years. The Tanzania Ports Authority said that CMHI is insisting on a 99 year lease while the Ports Authority will only offer 33 years. CMHI responded that it had already agreed in principle to a 33 year lease.